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The Deputy Vice President (DVP), Political Risk Insurance (PRI) has responsibility for leading & managing a team of finance professionals that cover PRI for the DFC and is responsible for developing and executing on PRI deals supporting all DFC sectors and strategic objectives. The DVP, PRI works across the agency to facilitate the use of the PRI instrument for projects that meet DFC’s development and foreign policy objectives across all DFC priorities.
As the DVP, PRI, you will:
- Oversee efforts leading to the approval and execution of DFC PRI investment activity in support of DFC strategic objectives, spanning priority sectors. Provide strategic and operational direction to PRI unit’s financing activities through the entire lifecycle of the investment including business development, screening, due diligence, negotiating and structuring, approval, disbursement, and post-investment management and monitoring.
- Provide overall direction on PRI strategy and update the strategy in accordance with U.S. Government priorities. Ensure alignment with other sector strategies and broader market trends and opportunities.
- Provide strategic direction in setting objectives and goals for business development and outreach efforts for PRI. Develop relationships with companies, financial institutions, foreign government officials, and DFIs. Serve as a key point of contact for external stakeholders such as clients and other DFIs. Improves and expands networks to develop business development and generate deal flow especially in low-income countries.
- Distribute overall targets across investment staff based on capabilities, experience, and interests. Ensure adequate technical and operational support for staff to reach their assigned targets. Direct staff members on all technical aspects of political risk insurance for projects and ensure that project or deal analysis is sound and complete before referral to higher management. Manage the preparation of necessary documents required through the DFC approval process.
- Manage the negotiation of political risk insurance agreements. Coordinate closely with OGC to ensure that all appropriate terms and clearances are obtained prior to execution of political risk insurance agreements. Collaborate with OGC to advocate on behalf of clients for their business positions to local governments and processing insurance claim requests.
Please Note: This is not a Bargaining unit position.
Conditions of Employment:
- Must be a U.S. Citizen or National
- Males born after 12-31-59 must be registered for Selective Service
- Must submit resume and supporting documents (See How To Apply)
- Suitability for Federal employment, as determined by a background investigation
- May be required to successfully complete a probationary period
- Selection may require completion of a one-year supervisory or managerial probationary period unless met during prior Federal service
- Must be able to obtain and maintain a secret security clearance
- Within 30 days of your start date, you will be required to file an Executive Branch Personnel Public Financial Disclosure Report (OGE-278)
- This position will require foreign travel to developing countries
Applicants must meet all eligibility and qualification requirements upon the closing date of this announcement.
You may qualify at the SL-00 level, if you fulfill the following qualification requirements:
Candidates must have at least one year of specialized experience related to this position. This experience must be at or above the GS-15 grade level or equivalent. Your resume must reflect:
- Experience providing effective leadership and supervision to subordinates; and
- Experience overseeing efforts leading to the approval and execution of international political risk insurance investment activity.
Applicants must address the following mandatory qualifications separate from their resumes. Statements must provide specific examples that address relevant experience, accomplishments and evidence that you possess demonstrated superior technical qualifications. You will not be considered for this position if you fail to submit qualification statements specifically addressing each mandatory technical qualification requirement.
MANDATORY TECHNICAL QUALIFICATIONS (MTQs): Maximum of two pages per MTQ.
- Demonstrated experience in originating credit risk and political risk insurance coverages for pioneering investment structures and responding to and working with brokers on projects requiring political or credit risk insurance;
- Demonstrated experience guiding potential clients through the eligibility requirements, application process, investment policies requirement and approval process;
- Demonstrated experience analyzing investment conditions and political climate in developing countries in order to determine whether an action by a foreign government has affected the economic interest of a private investment;
- Demonstrated experience developing networks and customer contacts to identify new political risk insurance business opportunities; and
- Demonstrated experience providing strategic leadership and direction in planning, implementing, and evaluating short- and long-range initiatives to support strategic business plans and cross-functional business solutions.
Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.
This announcement may be used to fill similar positions, if additional vacancies occur.
If you are a veteran with preference eligibility and are claiming 5-points veterans’ preference, you must submit a copy of your DD-214 or other proof of eligibility showing type of discharge/character of service. If you are claiming 10-point veterans’ preference, you must submit documentation from the Departments of Veterans Affairs (VA) showing type of discharge/character of service and your disability percentage. You may also submit an SF-15, “Application for 10-Point Veterans’ Preference” plus the documents listed in this form to support the claim for veteran preference. For more information on veterans’ preference visit: https://www.usajobs.gov/Veterans.
Males born after 12-31-59 must be registered or exempt from Selective Service (see https://www.sss.gov/verify/).
Telework Suitability: The duties of this position are suitable for telework. The selectee may be allowed to telework with supervisor approval and if they meet the eligibility criterion in the 2010 Telework Act.
Stipulations of Employment: Selection may require completion of a 1-year probationary period.
Work Schedule: This position allows for a flexible work schedule.
Miscellaneous: DFC uses E-Verify to confirm the employment eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit https://www.e-verify.gov/.
Recruitment and relocation incentives may be authorized for this position.
Employees in SL positions are entitled to accrue annual leave at the rate of 8 hours per biweekly pay period regardless of the length of their Federal service, and can accumulate a total of up to 90 days (720 hours) of annual leave. All Federal employees including SL members earn 13 days of sick leave each year.
Applications for this position are only being accepted through USAJOBS and must be received by 11:59 pm (ET) on February 26, 2024 to be considered.